Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

Yesterday

GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

Indian jewellers’ strike to continue indefinitely

10 march 2016

Senior office bearers of All India Gems and Jewellery Trade Federation (GJF) along with representatives from majority of Jewellery Associations across the country unanimously decided to continue with their strike (till further notice) to protest against the Government’s proposal to implement Excise Duty in the Gems & Jewellery sector says a Press Release from GJF.
The release also adds that Indian jewellers, along with GJF office bearers, recently held discussions with the Union Finance Minister, Arun Jaitley wherein the latter expressed concern over bullion trade, which resulted in increasing gold imports that has encourages CAD issue. On this concern, all jewellers have proactively and voluntarily decided to stop selling bullion to consumers.
The Indian Bullion and Jewellers Association (IBJA) , in its Release, has announced that it has organised a rally along with ‘Mumbai Wholesale Gold Jewellers Association’, which will be held on 9 March at Azad Maidan in Mumbai, against the 1% Excise duty levied on jewellery in the Union Budget 2016-17.
IBJA says that the entire Indian gems & jewellery fraternity is hopeful that Excise duty on jewellery will be rolled back.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished